Articles tagged “low-cost carriers”

Asia’s Booming Low-Cost Aviation Sector Has Significant Challenges

Asia’s Booming Low-Cost Aviation Sector Has Significant Challenges

Kyunghee Park and Jill Ward, Bloomberg

As more new low-cost carriers take to the skies in Asia, more needs to be done to ensure they don’t go down the way Lion Air did last month, not just in safety but business sustainability.

2 days ago

Icelandair’s Pass on Buying Wow Air Ignites New Worries About the Discount Carrier

Icelandair’s Pass on Buying Wow Air Ignites New Worries About the Discount Carrier

Ragnhildur Sigurdardottir and Benjamin Katz, Bloomberg

Only two months ago Wow Air was talking optimistically about an initial public offering. Since then, a profit warning and other bad publicity led many consumers to abandon buying tickets on the carrier. The collapse of low-cost rival Primera made creditors tougher, too.

2 weeks ago

How Wizz Air Plans to Take Advantage of Brexit

How Wizz Air Plans to Take Advantage of Brexit

Patrick Whyte, Skift

Brexit might end up being pretty painful for the European aviation industry, especially those airlines with big operations into and out of the UK. Will Wizz Air be able to take advantage of this turbulence? We'll have to wait and see.

1 month ago

Mexico’s Once-Soaring Interjet Is Now Racking Up Debt

Mexico’s Once-Soaring Interjet Is Now Racking Up Debt

Andrea Navarro, Bloomberg

Interjet needs all the cash it's borrowing. But in the years to come, the airline will likely regret having piled on so much debt.

1 month ago

Norwegian Air Takes Steps to Ease Its Strained Finances

Norwegian Air Takes Steps to Ease Its Strained Finances

Christopher Jasper, Bloomberg

Suddenly all the low-cost carrier stars of yesterday, like Interjet and Jetstar, seem to be under strain. Norwegian Air will sell five jets. It expects the transaction to bolster its liquidity by $62 million. It will use proceeds to repay debt.

1 month ago

Lufthansa’s Low-Cost Subsidiary Blunts Profit

Lufthansa’s Low-Cost Subsidiary Blunts Profit

Patrick Whyte, Skift

This winter is going to be a difficult one for Europe's aviation sector, but Lufthansa's mostly solid business, despite Eurowings, means that it can weather the challenging operating environment better than most.

1 month ago

Ryanair Defense: We Reported Racist Abuse Incident to Police Right Away

Ryanair Defense: We Reported Racist Abuse Incident to Police Right Away

Ellen Milligan, Bloomberg

While this seems like quite a delayed response, Ryanair will feel that it did everything right.

2 months ago

Ryanair Is Getting Better at Squeezing More Money Out of Flyers

Ryanair Is Getting Better at Squeezing More Money Out of Flyers

Patrick Whyte, Skift

A big jump in ancillary revenue is certainly a bright spot in a period that has been pretty challenging for Ryanair.

2 months ago

Ryanair Union Dispute Takes Strange Turn

Ryanair Union Dispute Takes Strange Turn

Ellen Milligan, Bloomberg

Whatever the truth of the situation it's safe to say that relations between Ryanair and some of its unions are not getting any better.

2 months ago

Skift Podcast: The Next Big Challenges for Low-Cost Airlines

Skift Podcast: The Next Big Challenges for Low-Cost Airlines

Hannah Sampson, Skift

Missed our last Skift Call? This podcast has you covered. Tune in to hear from our aviation experts about why low-cost airlines and long-haul travel are not the perfect mix for profitability.

2 months ago

3 Ways Chinese Millennials Are Transforming the Flight Experience

3 Ways Chinese Millennials Are Transforming the Flight Experience

Jing Travel

As Chinese millennials and Gen Zers come of age, their shopping binges won't likely be as important, and they'll be willing to venture to off-the-beaten-track destinations more than their elders were. They'll have a lot of market power, and airlines and other sectors will have to adapt.

2 months ago

EasyJet Connects With Virgin Atlantic’s Long-Haul Flights

EasyJet Connects With Virgin Atlantic’s Long-Haul Flights

Benjamin Katz, Bloomberg

EasyJet is being savvy about expanding a program with various long-haul carriers that enables its passengers to book connecting flights with other airlines to non-European destinations on the budget carrier's own website. The move makes sound strategic sense.

2 months ago